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$12M in Financing Found for Small Dupont Circle Property

remstaff &Globe Street | October 31, 2003

WASHINGTON, DC-Recognizing the stability of the office market in the District, Arbor Commercial Mortgage facilitates a $12.3 million acquisition loan for the 65,000-sf structure at 1301 Connecticut Ave.

Sperry Van Ness Secures Seattle-Area Affiliate

remstaff &Globe Street | October 31, 2003

BELLEVUE, WA-The investment brokerage firm taps local broker Norman Olsen to be the firm's first Seattle-area affiliate. He specializes in retail and light industrial properties and will work out of his existing office at Regency Group Commercial Realtors Inc.

Houston Apartment Complex Gets $15M Refinance

remstaff &Globe Street | October 31, 2003

HOUSTON-A west side apartment complex has been refinanced with a $14.8 million loan from Freddie Mac. The new loan offers greater flexibility for the borrower and an interest rate below 5%.

Retail Sale Nears $30M

remstaff &Globe Street | October 31, 2003

NORWALK, CA-The $29.5 million shopping center sale is one of two recently closed investment deals. The other is a $4.8 million industrial facility in South Gate.

Two Multifamily Complexes Net $4M

remstaff &Globe Street | October 31, 2003

SANTA ANA, CA-Private investors acquire two 20-unit apartment complexes here in separate transactions totaling nearly $3.6 million.

Luxury Condos Coming To Camelback

remstaff &Globe Street | October 31, 2003

PHOENIX - The demand for luxury condominiums in the city's fashionable Biltmore section has prompted a Houston developer to move forward with plans for a 12-story upscale complex on Camelback Road. The project, known as The Residences at 2211 Camelback, is expected to get underway next summer, once half of the 87 units are sold.

Pfizer Signs 113,000-SF Lease

remstaff &Globe Street | October 31, 2003

PARSIPPANY, NJ-The company's Global Pharmaceutical Group is using the top three floors at SJP Properties' Morris Corporate Center IV as a regional sales office. GVA Williams put the deal together for the tenant.

Lowe's Breaking Into Clackamas Market

remstaff &Globe Street | October 31, 2003

PORTLAND-The home improvement retailer's use of the Levitz furniture site on S.E. Johnson Road near Highway 224 wins approval from the city's design commission. An appeal is not expected. Lowe's is planning to start construction this spring on a 165,000-sf store.

ProLogis Buys Facility in France

remstaff &Globe Street | October 31, 2003

DENVER-The REIT purchases a 323,811-sf distribution facility at Evry Park, located on the outskirts of Paris. Third-party logistics provider Geodis occupies the building.

Small Users Fueling The Valley's Industrial Condo Boom

remstaff &Globe Street | October 31, 2003

PHOENIX - A pent up demand for ownership has small business owners scooping up the Valley's industrial condos almost as quickly as they can be built. Low interest rates and a desire for ownership are creating a new niche market for developers.

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$12M in Financing Found for Small Dupont Circle Property

Sperry Van Ness Secures Seattle-Area Affiliate

Houston Apartment Complex Gets $15M Refinance

Retail Sale Nears $30M

Two Multifamily Complexes Net $4M

Luxury Condos Coming To Camelback

Pfizer Signs 113,000-SF Lease

Lowe's Breaking Into Clackamas Market

ProLogis Buys Facility in France

Small Users Fueling The Valley's Industrial Condo Boom

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